CCRC Business Model Proves Resilient, But Not Without Bruises

The housing market crash along with the worst economic downturn since the Great Depression has reshaped the way continuing care retirement communities (CCRC) are conceived, developed and operated. While the downturn proved too much for some projects to handle, the market has largely performed well over time, those active in the market say. “The challenged […]

Assisted Living Evolution Marked by Great Recession’s Impact

The Great Recession can be considered assisted living’s turning point, marking a pronounced shift from being primarily a lifestyle choice to primarily a needs-driven decision for consumers. “Ten to twelve years ago, assisted living was more lifestyle-driven,” says Allison Guthertz, Vice President, Quality Resident Services at Benchmark Senior Living. “These days when residents move in, […]

REITs Casting Wider Nets as ‘Class A’ Senior Housing Assets Get Scarce

After snapping up several large ‘Class A’ senior living portfolios between 2011 and the present, real estate investment trusts (REITs), hungry to keep their margins healthy, are casting wider nets that may include off-market deals, other asset types, and new development. “The biggest challenge the REITs are currently facing is a shortage of quality properties […]

Top 10 Trends in Senior Housing for 2013

While many fears may have subsided with the passage of the Fiscal Cliff legislation regarding individual taxes and other issues, fear, uncertainty and doubt remain over what it means to grow old in America—and how to pay for it. Personal fiscal certainty has gained footing, but the future for America’s seniors remains less certain. “I […]

Most Popular Senior Housing News Stories of 2012

From the continued implementation of the Affordable Care Act and its implications for the senior care industry, to the ongoing aging trends and impending “silver tsunami” and the need for new development that’s expected to ensue, Senior Housing News has covered a wide range of topics in the last 12 months. Here’s a list of […]

Senior Housing’s Top Development Locations for 2013

The drought that’s been going on in America doesn’t just apply to agriculture: it extends to senior housing development, too, and there’s been a noticeable dearth of new construction projects despite a rapidly aging population. In the third quarter of 2012, construction as a share of existing inventory decreased twenty basis points to 2.0% compared […]

Think Tank Ranks 10 Best Cities for Aging in Place

Think the best cities for aging in place are in Arizona and Florida? Think again. Those two states didn’t even make it onto two lists ranking the top cities best prepared for the 65-and-over crowd to age well and the best cities for “successful” aging among the 80+ population, compiled in July by nonprofit, nonpartisan think […]

Four-Year Forecast for CCRCs: Cloudy With a Chance of Financial Distress

A few high-profile bankruptcies by continuing care retirement communities have made waves in the senior housing industry, and there’s more drama to come—for at least four more years, says a New York-based owner-developer of CCRCs who specializes in acquiring distressed assets. During Senior Housing News’ inaugural Senior Housing Summit, held last Thursday in Chicago, Ill., […]